18 JUNE 2015 CURRENT AFFAIRS

Four Key Executives Leave from Microsoft Top Management

  • Four top executives are leaving Microsoft 
  • Former Clinton advisor Mark Penn and ex-director of Nokia Stephen Elop, Eric Rudder and Kirill Tatarinov
  • The move was announced by Satya Nadalla and this is the first constitution change during Nadalla's Tenure

Russian Railways Seeks Tie-up on Indian High-speed Plans

  • Russian seeks tie up on Indian High Speed plans with their Indian counter part
  • Vladimir Yakunin, president of Russian Railways, express their interest on the tie up
  • Vladimir Yakunin already discussed with the Indian counter part about the improvement in the Indian Infrastrucutre
  • Russia already has several high-speed rail links and has plans to set up over 4,000 km of lines which can run trains at 400 km an hour

Asia Pacific, world’s second richest region: BSG Report

  • According to the report by Boston Consulting Group (BCG), a global management consulting firm Asia Pacific is the world's second richest region
  • The region overtake Europe by according to the BCG report.
  • North America region has remained as the world’s richest region with 51 trillion dollars.
  • The Asia Pacific region has held around 47 trillion dollars in private wealth in 2014.

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